The global filters market size is expected to reach USD 100.01 Billion by 2025, according to a new report by Radiant Insights, Inc. growing at a CAGR of 4.9% over the forecast period. Increase in awareness regarding the favorable policies issued by the government and clean emission are some of the substantial factors aiding the demand for the market.
The filters market in North America is expected to register high due to the increasing development and usage of ICE filters. The recent advancements that have been adopted by the electric and hybrid vehicles employ the ICE filter, which is highly in demand among the automotive industry and is expected to aid the market growth in the region.
Download Free Sample Report @ https://www.radiantinsights.com/research/filters-market/request-sample
Significant key players are operating in the filters market are looking forward to showcase the launch of new products worldwide. For instance, in 2014, Donaldson Company Inc. announced the introduction of ultra-web spunbond pleated bag filter, which can be used for dust removal. Such strategic initiatives are taken by the other key participants as well to increase the demand for filters.
As there are a number of components that are used in filters, the industry is significantly impacted by the availability of raw material. Low raw material prices reduce the manufacturing cost, thereby improving the profit margin, which benefits the industry participants. However, an increase in the raw material prices is expected to restrain the industry growth.
Further key findings from the report suggest:
• ICE filters are expected to generate a revenue of USD 43.53 billion by 2025 on account of their use in removing the contaminants from engine oil, lubricating oil, engine oil and hydraulic oil, which helps in evading mechanical wear and oil contamination
• The demand for the product in motor vehicles accounted for 51.1% of the global market revenue on account of high inclusion of the product coupled with increase in the production of automobiles across the globe
• The industry was dominated by the consumption in Asia Pacific, with the region generating a revenue of USD 30.21 billion in 2019 on account of the presence of a significant base of the application industries in India and China
• The industry in the U.S. is expected to register a CAGR of 3.2% from 2019 to 2025 on account of the increasing use of the product by OEMs and aftermarket on account of the presence stringent regulatory norms
• The five major companies account for around 18% of the global market, which helps the other prominent industry participants to enter the market with numerous technologies and expand its reach to the developed economies and worldwide
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/filters-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Filters Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. Raw Materials Trends
3.3. Technology Overview
3.4. Regulatory Framework
3.4.1. Product Classification Codes
3.4.2. Standard & Compliances
3.4.3. Safety
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Filters Market
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
3.6.3. Major Deals & Strategic Alliances Analysis
3.6.3.1. Joint Ventures
3.6.3.2. Mergers & Acquisitions
Chapter 4. Filters Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Product Movement Analysis & Market Share, 2018 & 2025
4.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
4.4. Fluid Filters
4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.5. ICE Filters
4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.6. Air Filters
4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5. Filters Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2018 & 2025
5.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
5.4. Motor Vehicles
5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.5. Consumer Appliances
5.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.6. Utilities
5.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.7. Industrial & Manufacturing
5.7.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.8. Others
5.8.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
The filters market in North America is expected to register high due to the increasing development and usage of ICE filters. The recent advancements that have been adopted by the electric and hybrid vehicles employ the ICE filter, which is highly in demand among the automotive industry and is expected to aid the market growth in the region.
Download Free Sample Report @ https://www.radiantinsights.com/research/filters-market/request-sample
 |
| Filters Market |
Significant key players are operating in the filters market are looking forward to showcase the launch of new products worldwide. For instance, in 2014, Donaldson Company Inc. announced the introduction of ultra-web spunbond pleated bag filter, which can be used for dust removal. Such strategic initiatives are taken by the other key participants as well to increase the demand for filters.
As there are a number of components that are used in filters, the industry is significantly impacted by the availability of raw material. Low raw material prices reduce the manufacturing cost, thereby improving the profit margin, which benefits the industry participants. However, an increase in the raw material prices is expected to restrain the industry growth.
Further key findings from the report suggest:
• ICE filters are expected to generate a revenue of USD 43.53 billion by 2025 on account of their use in removing the contaminants from engine oil, lubricating oil, engine oil and hydraulic oil, which helps in evading mechanical wear and oil contamination
• The demand for the product in motor vehicles accounted for 51.1% of the global market revenue on account of high inclusion of the product coupled with increase in the production of automobiles across the globe
• The industry was dominated by the consumption in Asia Pacific, with the region generating a revenue of USD 30.21 billion in 2019 on account of the presence of a significant base of the application industries in India and China
• The industry in the U.S. is expected to register a CAGR of 3.2% from 2019 to 2025 on account of the increasing use of the product by OEMs and aftermarket on account of the presence stringent regulatory norms
• The five major companies account for around 18% of the global market, which helps the other prominent industry participants to enter the market with numerous technologies and expand its reach to the developed economies and worldwide
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/filters-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Filters Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. Raw Materials Trends
3.3. Technology Overview
3.4. Regulatory Framework
3.4.1. Product Classification Codes
3.4.2. Standard & Compliances
3.4.3. Safety
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Filters Market
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
3.6.3. Major Deals & Strategic Alliances Analysis
3.6.3.1. Joint Ventures
3.6.3.2. Mergers & Acquisitions
Chapter 4. Filters Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Product Movement Analysis & Market Share, 2018 & 2025
4.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
4.4. Fluid Filters
4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.5. ICE Filters
4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
4.6. Air Filters
4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
Chapter 5. Filters Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2018 & 2025
5.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
5.4. Motor Vehicles
5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.5. Consumer Appliances
5.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.6. Utilities
5.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.7. Industrial & Manufacturing
5.7.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
5.8. Others
5.8.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
No comments:
Post a Comment